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5480 E Atherton St
Long Beach, CA 90815

Multifamily Property For Sale · 27 Units

PROPERTY FACTS

No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.59 AC
Building Size 22,775 SF
No. Stories 2
Year Built 1961
Parking Ratio 0.88/1,000 SF

Unit Amenities

  • Heating
  • Kitchen
  • Range

Site Amenities

  • Courtyard

About 5480 E Atherton St , Long Beach, CA 90815

Atherton Street is a pride of ownership 27-unit community with excellent frontage on Atherton Street just west of Bellflower Boulevard in the desirable Los Altos submarket. The community benefits greatly from being directly across the street from California State University Long Beach and the YMCA. Furthermore, the community is within walking distance from the Los Altos Market Center which has over 300 thousand square feet of retail with over 25 stores including Target, Sears, CVS, Rite Aid, LA Fitness, Trader Joes, and Lazy Acres. These drivers provide residents with a tremendous amount of employment, shopping, and venues for residents all within a 5 minute walk. Furthermore, the Long Beach transit routes run along both Atherton Street and Bellflower Boulevard providing residents with affordable transportation to many locations in Long Beach and beyond. Atherton Street is situated on 0.59 acres of land consisting of a two-story wood frame constructed building with pitched roofs and is individually metered for electricity and gas. The community offers large floor plans in the submarket with the one and two bedroom units averaging roughly 811 square feet. Community amenities include a garden area, laundry facility, and garage parking. The community was built in 1961 with the iconic mid-century modern design.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,600 650
2+1 13 $1,850 800
2+2 8 $2,000 950

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7240-002-009
Land Assessment
$5,577,593
Improvements Assessment
$3,940,011
Total Assessment
$9,517,604

zoning

Zoning Code LBCCA
LBCCA
  • Listing ID: 11658848

  • Date on Market: 2/20/2018

  • Last Updated:

  • Address: 5480 E Atherton St, Long Beach, CA 90815

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